If France had positive net exports last year, then it (A) sold more abroad than it purchased abroad and had a trade surplus.
<h3>
What is trade surplus?</h3>
- When focused simply on trade effects, a trade surplus indicates that a country's goods are in high demand on the global market, which raises the price of those items and leads to a direct strengthening of the home currency.
- When exports surpass imports, the trade balance (surplus) is positive.
- When exports are fewer than imports, the trade balance is negative (deficit).
- When a country exports more goods than it imports, it has a trade surplus.
- For example, if China exported $1 trillion in products while importing only $200 billion in goods, it would have an $800 billion trade surplus.
Therefore, if France had positive net exports last year, then it (A) sold more abroad than it purchased abroad and had a trade surplus.
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The complete question is given below:
If France had positive net exports last year, then it
A. sold more abroad than it purchased abroad and had a trade surplus.
B. sold more abroad than it purchased abroad and had a trade deficit.
C. bought more abroad than it sold abroad and had a trade surplus.
D. bought more abroad than it sold abroad and had a trade deficit.
Answer:
<u><em>FALSE</em></u>
Explanation:
Remember, total asset turnover is calculated using a ratio that measures how the management was able to use its assets to efficiently increase sales. Usually the total asset turnover is gotten by dividing a<em> company's sales </em>by its <em>total assets.</em>
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To increase sales, management should <em>continue</em> to use its existing assets (not making purchase of any new asset), and at the same time reducing their purchases of inventory.
Answer:
A) Yes, the employment contract has been breached, but the non-competition agreement has not been breached.
Explanation:
Xuechen signed a three year employment contract which she breached after a short time by quitting her job. The non competition agreement that she signed required her not to work as a chef for another restaurant, but since she is working as a manager, then she didn't breach that contract.
Answer:
$3,130,000
Explanation:
Net operating income = Total revenue - Total cost
Total revenue = price x quantity = $9,500 x 400 = $3,800,000
Total cost = $670,000
Net operating income = $3,800,000 - $670,000 = $3,130,000
I hope my answer helps you
Book Value Of Asset 
Book Value of Assets is the asset's value in the books of records of a company or an institution at any given instance.
Assets Book Value Formula = Total Value of an Asset – Depreciation – Other Expenses
Book Value Of Asset is
and the fair value of asset exchanged is As there is a change in the value, this substance exists in the transaction.
Commercial substance exists in business transactions where the outcome is anticipated to change the company's cash flows in the future and is considered only when there is a significant alteration in the risk of cash inflow, the timing of cash inflow, and the amount paid as a result of the transaction.
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